Bitmine Repurchases $400 Million of Its Own Shares

Bitmine has bought back $400 million of its own stock, according to a headline published by Bitcoin.com News.

The outlet describes Bitmine as a major Ether holder. The reported spending concerns the company’s shares, rather than purchases of the cryptocurrency.

The supplied source includes only the headline and does not provide a repurchase timeline, the number of shares acquired or details about how the buybacks were funded.